148 area has been support couple of times also the 38.2 of latest swing. GBPJPY came from 1000+- we are really at lows, decades trend were bearish for sure the pair was dropping since 1000+- non-stop. I'll manage my longs on daily timeframes hoping for a runner, Brexit event might help my positioning on this. A run off from 148 till 165 is a gimme for now.
GBPJPY

Penafian